BestEx Research Appoints Charlie Whitlock as Managing Director in Business Development Expansion

BestEx Research Group LLC has appointed Charlie Whitlock as Managing Director of Business Development, based in Boston, as the algorithmic execution and measurement solutions provider expands its client-facing operations.
 

The firm, which specialises in high-performance algorithmic execution and measurement solutions for equities and global futures, has also welcomed Reed Carlson to strengthen its business development capabilities with over a decade of algorithmic execution sales experience.
 

Whitlock brings more than 20 years of experience in electronic and algorithmic trading to his new role. He most recently served as Head of Americas Distribution at XTX Markets, where he developed institutional and retail trading strategies for the US market.
 

Prior to XTX Markets, Whitlock led electronic trading sales for the Americas at Credit Suisse, overseeing client relationships for the bank's Advanced Execution Services (AES) platform. His career also includes senior leadership positions at ITG, J.P. Morgan, and Bank of America Merrill Lynch, where he helped scale multi-asset electronic trading businesses.

Hitesh Mittal, Founder and CEO, BestEx Research
 

"Charlie's sterling reputation for serving clients with integrity and dedication aligns with our vision at BestEx Research to deliver the very best for our clients—building lasting partnerships rather than transactional relationships. Charlie is a trusted voice in our industry, with deep product experience. He will be instrumental in strengthening existing client relationships and extending our reach to new clients globally."

— Hitesh Mittal, Founder and CEO, BestEx Research
 

Whitlock expressed his enthusiasm for joining the firm during its growth phase.
 

Charlie Whitlock, Managing Director of Business Development, BestEx Research
 

"I have followed BestEx Research's impressive journey in becoming one of the leading algorithmic trading platforms, backed by rigorous empirical research in execution and market microstructure. In conversations with clients and colleagues, the firm is consistently held in the highest regard. I am excited to join at this important moment of the firm's growth and to work closely with clients to further strengthen the value BestEx Research brings to their trading and investment processes."

— Charlie Whitlock, Managing Director of Business Development, BestEx Research

Carlson's appointment adds further depth to the business development team. He previously held positions at J.P. Morgan, Virtu Financial, and KCG Holdings, bringing experience across algorithmic execution sales.

The strategic hires reflect BestEx Research's focus on expanding its global presence across asset classes and regions whilst deepening existing client relationships. The firm offers execution algorithms through its Algorithm Management System (AMS), which includes strategy customisation tools, simulation capabilities, and transaction cost analytics.